Switzerland -H&amp;M introduces minimum wage -April 02, 2014The Swedish-owned clothing retail chain has announced that it will introduce a minimum wage on January 1st 2015. H&M said a fair and proper wage policy allows it to attract the best employees.https://wageindicator.org/labour-laws/collective-bargaining/2014/switzerland-h-m-introduces-minimum-wage-april-02-2014https://wageindicator.org/@@site-logo/wageindicator.png

Switzerland -H&M introduces minimum wage -April 02, 2014

The Swedish-owned clothing retail chain has announced that it will introduce a minimum wage on January 1st 2015. H&M said a fair and proper wage policy allows it to attract the best employees.

The Swedish-owned clothing retail chain has announced that it will introduce a minimum wage on January 1st 2015. H&M said a fair and proper wage policy allows it to attract the best employees. The hourly minimum translates to a monthly wage of around 4,100 francs (3,360 euro) for a 42-hour week. The planned wage is close to the minimum of 20 francs an hour proposed in an initiative to be decided by Swiss citizens in a May 18th referendum.